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CNN Indonesia
Friday, December 29, 2023, 12:39 p.m. IWST
YG Entertainment confirmed that all BLACKPINK members will not be renewing their individual contracts with the agency. (Getty Images via AFP/FRAZER HARRISON)
Jakarta, CNN Indonesia —
YG Entertainment Confirm all members BLACK PINK will not extend their individual contracts with the agency.
This was announced through YG Entertainment’s official statement, which confirmed that BLACKPINK has only signed contracts for group activities.
“We recently signed a contract extension for the activities of BLACKPINK Group,” YG Entertainment said in the opening statement, as reported by Herald Pop on Friday (December 29).
“We have also agreed that we will no longer maintain separate contracts for individual activities,” the agency continued.
However, YG Entertainment ensures that they continue to support and respect all individual activities of each BLACKPINK member outside of group activities.
“We will do our best to support BLACKPINK’s activities, and we will wholeheartedly promote their individual activities,” YG Entertainment concluded.
It was previously confirmed that the four BLACKPINK members are continuing their exclusive contracts with YG Entertainment for group activities, which were announced directly by the agency.
YG Entertainment executive producer Yang Hyun-suk also welcomed the continuation of the exclusive contract with BLACKPINK.
Hyun-suk said he will do his best to help the debut group shine even brighter on the world stage in 2016.
On the other hand, Jennie BLACKPINK has also announced that she will be starting her own agency called OA, also known as ODD ATELIER.
Jennie also showed off her logo and some of her latest profile photos on social media and wrote her first message as CEO of the agency.
Since September 2023, rumors have been circulating that Jennie will be starting a new agency. Soompi reported that there was a lot of speculation back in November about Jennie opening her new agency.
Not only BLACKPINK’s Jennie is said to have founded a new agency, Jisoo is also said to be doing the same. These personal agencies largely regulate the activities of each individual.
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